Comment Text:
i0-001
COMMENT
CL-04601
From:
Sent:
To:
Subject:
Glenn Childs
Saturday, January 30, 2010 4:24 PM
secretary
proposed cftc regulations
GLENN CHILDS
20421 KINGSVILLE
HARPER WOODS MICH 48225
JANUARY 30,2010
To Whom It May Concern,
I am not in support of the cftc proposed regulation on leverage limitations because it completly takes the small investor
out of the picture in this market why should a investor have to risk $10.000 for a 100.000 leverage account when $1.000 is
more feasible it is not there is a gurantee that a postion is going to make money one way or another a investor could lose
more than they could recoup, this is just a scheme to let the big banks and investment houses make more money by cutting
out the small investor who has dreams of starting in the trading of currencies .I am not in favor of this.
